Posted on 02/28/2022 6:45:17 AM PST by DUMBGRUNT
Leasing firms will terminate their contracts with Russian airlines and repossess aircraft.
Under EU sanctions announced on Sunday, leasing firms must terminate all contracts with Russian carriers over the next 30 days.
Over half of Russian planes on foreign lease According to ch-aviation, 777 of Russia's 980 passenger planes are on lease, of which 515 are from foreign aviation firms. AerCap, the world's largest aircraft lessor based in Dublin, has 149 planes leased by Russian airlines, while SMBC has 34.
(Excerpt) Read more at simpleflying.com ...
I think DG is right. There won’t be any foreign travel to Russia for quite a while. They doubled their interest rates overnight because of the collapsing ruble, their economy is going into the toilet and unemployment will be sky high. The Russians are going to be even more poor in the near future, so there won’t be any domestic travel. International and domestic travel demand will collapse leaving them with a LOT of excess capacity.
And yet China has taken over and brutalized Hong Kong and you yet you guys said can get all riled up about Russia. People like you are as easily distracted as monkeys so you take your eyes off China.
The moment we engage in a war with Russia then Taiwan is gone. We are no longer able to fight a two front war which you mental midgets seem unaware. Fools like you were going to “Muh Russia” us into the grave.
So you’re saying they didn’t have excess capacity until the invasion, is that it? I read your post as they ALREADY had excess capacity and it made no sense.
You don’t tell the enemy your plans. Ireland should have already taken the planes in one coordinated sweep instead of announcing they’re planning to take them someday in the future after Russia has had time to hide them.
Doesn’t matter - no sanctioned use, no maintenance contract work, no international flights, probable ‘blue flu’ epidemic with pilots. This is a pretty big thorn in the side, with all the others starting to show what a second-rate fraud of a country Russia looks like.
And about half of our people don’t recognize it because they are under constant indoctrination and have no ability to discern or think critically. They’re worse than sheep.
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Well and truly said and every word of it!
Thank you.
That so many are that way is truly disturbing and disgusting. It would be sad if their actions didn’t adversely affect the rest of us. We must contend with it.
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